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Dec 28, 2012
12/12
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KPIX
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washington, d.c., partly sunny, 42. atlanta, partly sunny, 54. st. louis, cloudy, 38, denver, mostly cloudy, 33, seattle, mostly cloudy, 44 degrees. >>> here's another look at this morning's top stories. general norman swargts schwarzkopf died at his home yesterday in tampa, florida. he drove iraqi forces out of kuwait. he died from complications related to pneumonia. he was 78 years old. >>> and president obama meets with congressional leaders this afternoon at the white house to try to cut a deal to avoid the so-called fiscal cliff. in just four days across-the-board spending cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. perhaps $6 per gallon. at issue is the farm bill and how much the federal government pays farmers. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. that has dad sean rasmussen wo
washington, d.c., partly sunny, 42. atlanta, partly sunny, 54. st. louis, cloudy, 38, denver, mostly cloudy, 33, seattle, mostly cloudy, 44 degrees. >>> here's another look at this morning's top stories. general norman swargts schwarzkopf died at his home yesterday in tampa, florida. he drove iraqi forces out of kuwait. he died from complications related to pneumonia. he was 78 years old. >>> and president obama meets with congressional leaders this afternoon at the white...
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Dec 28, 2012
12/12
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WMAR
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sandra endo is in washington with the latest on the developing story and sandra, it does seem like this is all talk and no action right now doesn't it. >> reporter: that's right. and there's only a few days left in this year to get anything done and that's why president obama has called the top four congressional leaders to the white house this afternoon for a closed-door meeting charley. and he wants to try to figure out a way to end this fiscal cliff stalemate but you hear the rhetoric being talked about on capitol hill, among leaders, republicans and democrats are still pointing the blame at each other for not getting this deal done. and for the lack of progress. so still no movement yet and there's only a few days to go to a get anything done. charley. >> you know let's go to what was said yesterday we talk about harry reid referring to john boehner as dictator. and we got mitch mcconel saying we are not going to write a blank check coming up with solutions. it seals like there's no common -- seems like there's no common ground and the word lost in all this is compromise. >> reporte
sandra endo is in washington with the latest on the developing story and sandra, it does seem like this is all talk and no action right now doesn't it. >> reporter: that's right. and there's only a few days left in this year to get anything done and that's why president obama has called the top four congressional leaders to the white house this afternoon for a closed-door meeting charley. and he wants to try to figure out a way to end this fiscal cliff stalemate but you hear the rhetoric...
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Dec 28, 2012
12/12
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KDTV
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de representantes, el republicano jhon boehner, advirtiÓ que los representantes ni siquiera estÁn en washington para llevar una votaciÓn. >>> lo mÁs facil que puede hacer la cÁmara es aprobar un proyecto de ley que aprobÓ en junio. el lÍder del senado republicano dijo que queda tiempo para evitar el abismo fiscal y espera ver la propuesta de obama. los republicanos no escribirÁn un cheque en blanco. de acuerdo con este economista en caso de caer el efecto sobre las finanzas serÍa inmediato, los impuestos aumentarÍan desde el prÓximo primero de enero. menos para gastar, una cantidad significativa, se habla de 200 dÓlares por mes por cada persona que tiene un sueldo promedio. la cifra podrÍa aumentar y desaparecÍan los beneficios de desempleo. >>> las compaÑÍas se ven restringidas de crÉditos. el presupuesto sufrirÍa una reducciÓn de 10% de defensa. el programa de medicare tendrÍa una reducciÓn de 2%. en caso no llegar a un acuerdo recomiendan prudencia a la hora de realizar gastos. >>> no gasten, porque los intereses van a sumir. lideres planean reunir al pleno el prÓximo dom
de representantes, el republicano jhon boehner, advirtiÓ que los representantes ni siquiera estÁn en washington para llevar una votaciÓn. >>> lo mÁs facil que puede hacer la cÁmara es aprobar un proyecto de ley que aprobÓ en junio. el lÍder del senado republicano dijo que queda tiempo para evitar el abismo fiscal y espera ver la propuesta de obama. los republicanos no escribirÁn un cheque en blanco. de acuerdo con este economista en caso de caer el efecto sobre las finanzas...
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Dec 28, 2012
12/12
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CNBC
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congratulations, washington. >> see you later. japan, we have to keep all eyes on japan. >> that guy abe. what's his name? >> abe. you're talking about abe? >> that is the guy. honest abe. >> by the way, we have to talk about the john carney story. >> let me read it first. >> we can do that, too. >>> coming up, why investors member willing to take on more risk in 2013. first, as we head to a break, take a look at yesterday's winners and losers. >> that was wonderful. bravo. >> i loved that. it was great. >> it wasn't bad. >> there were parts of it that could have been a lot better. >> it was pretty terrible. >> it was awful. >> boo! [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro
congratulations, washington. >> see you later. japan, we have to keep all eyes on japan. >> that guy abe. what's his name? >> abe. you're talking about abe? >> that is the guy. honest abe. >> by the way, we have to talk about the john carney story. >> let me read it first. >> we can do that, too. >>> coming up, why investors member willing to take on more risk in 2013. first, as we head to a break, take a look at yesterday's winners and losers....
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Dec 28, 2012
12/12
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WTTG
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it doesn't take a lot in washington to start causing somics. the good news is the timing is pretty good. lots of sunshine -- not a lot of sunshine. some sunshine, high temperatures about 42 degrees. >> all right. we'll take it. >> time now to check in with jeff newman to see how things are moving along on the roads. >> good morning. it is docile and mellow and soporific. i'll pull out my thesaurus and see what other words i can give you. heading over to the wilson bridge from alexandria around the outer loop into prince george's county, no problems to report. again, not expecting a very busy rush hour this morning into prince george's county. same situation as you head around towards landover and to the top side of the play. heading down from gaithersburg and rockville down to the split, your travel lanes are open. in bethesda, traveling southbound on wisconsin avenue o355 just before cedar lane, you are reduced to one lane. your right lane gets by as the crews are working on the water main break and that will last reportedly well into this mor
it doesn't take a lot in washington to start causing somics. the good news is the timing is pretty good. lots of sunshine -- not a lot of sunshine. some sunshine, high temperatures about 42 degrees. >> all right. we'll take it. >> time now to check in with jeff newman to see how things are moving along on the roads. >> good morning. it is docile and mellow and soporific. i'll pull out my thesaurus and see what other words i can give you. heading over to the wilson bridge from...
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Dec 28, 2012
12/12
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CNBC
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in washington, apparently, deadlines come and go and there aren't any consequences? >> melissa, two things. one, i think that on the corporate side, largely companies want tax reform, but small businesses, conceivably much more at risk because of the cliff, their voice perhaps isn't being heard as well as at the ceo level. i'm worried at the smaller level, where the majority of the job creation occurs. that's really what concerns me, and i think on the cliff, the fact that -- the other point i wanted to make. the fact that neither side really is making any headwind. we've known about this for such a long time. it's just in credibly disconcerting. >> all right. joe, thank you for phoning in. we appreciate your analysis. tyler and michelle, joe makes a good point about the pain being felt. you are the job creators, and here we are. the impact most borne by them. >> well, i think that's true, and the real paralysis, the hostage quality of the whole debate over the past few months has been disconcerting. we've had so many people come on the air and say give us the level
in washington, apparently, deadlines come and go and there aren't any consequences? >> melissa, two things. one, i think that on the corporate side, largely companies want tax reform, but small businesses, conceivably much more at risk because of the cliff, their voice perhaps isn't being heard as well as at the ceo level. i'm worried at the smaller level, where the majority of the job creation occurs. that's really what concerns me, and i think on the cliff, the fact that -- the other...
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Dec 28, 2012
12/12
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WMAR
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there are finally signs of life here in washington. after meeting with congressional leaders here at the white house, the president pronounced himself modestly optimistic that a bipartisan agreement can finally be struck that would prevent taxes from going up on virtually everybody in just four days. >> reporter: after meeting with the congressional leaders, the president said there would be one more effort to come to a bipartisan agreement to avoid the fiscal cliff. >> the hour for immediate action is here. it is now. and the american people are not going to have any patience for a politically, self-inflicted wound to our economy. >> reporter: there are signs of progress. mitch mcconnell and harry reid have agreed to spend the next 24 hours to work a small plan to keep some taxes from going up. after the meeting, house democrat leader nancy pelosi told us she'sa at least a little encouraged. >> it was constructive. as i say, candor is constructive, and i think it moved us forward, but we'll see. >> reporter: it was the first meeting w
there are finally signs of life here in washington. after meeting with congressional leaders here at the white house, the president pronounced himself modestly optimistic that a bipartisan agreement can finally be struck that would prevent taxes from going up on virtually everybody in just four days. >> reporter: after meeting with the congressional leaders, the president said there would be one more effort to come to a bipartisan agreement to avoid the fiscal cliff. >> the hour for...
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Dec 28, 2012
12/12
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MSNBCW
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what you have in washington just to take a step back here, what you have in washington is fundamentally a republican party at war with itself. you have democrats who feel that they don't need to negotiate because they won an election. while both of those situations may be understandable, the system has broken down fundamentally. we have to go over the cliff and see taxes rise, and then maybe, maybe they'll understand that they're there working for the american people and not for themselves. >> i don't think that will happen. according to the study it has taken a toll on the consumer confidence. a new survey shows consumer confidence leveling in the first half of december falling to the lowest level since august. an unexpectedly sharp decline. they say consumer anxiety stems from the country's fiscal future, not from the current state of the economy. let me ask you. you walk around a lot. does anybody, say, what's the story on the fiscal cliff, or can you believe these bozos in washington? >> the bozos in washington is what i'm more often asked about. what really bothers me is when you l
what you have in washington just to take a step back here, what you have in washington is fundamentally a republican party at war with itself. you have democrats who feel that they don't need to negotiate because they won an election. while both of those situations may be understandable, the system has broken down fundamentally. we have to go over the cliff and see taxes rise, and then maybe, maybe they'll understand that they're there working for the american people and not for themselves....
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Dec 28, 2012
12/12
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KICU
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the president arrived in washington today cutting short his hawaii vacation. he called congressional leaders last night and today house speaker john boehner said the house will convene on sunday leaving less than 48 hours to come up with a deal. >> it's the count down to midnight. the start of a new year. but this year president, the american people are waiting for the ball to drop but it's not going a good drop. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> off the senate floor, mitch mcconnell appears to be more flexible. the senator sent an e-mail suggesting he's negotiating an acceptable deal with the white house. >>> stocks rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the public is going to be. >> why california is going to take an extra hit if we go ov
the president arrived in washington today cutting short his hawaii vacation. he called congressional leaders last night and today house speaker john boehner said the house will convene on sunday leaving less than 48 hours to come up with a deal. >> it's the count down to midnight. the start of a new year. but this year president, the american people are waiting for the ball to drop but it's not going a good drop. >> republicans aren't about to write a blank check for anything senate...
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Dec 28, 2012
12/12
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WBAL
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major cities from washington, d.c. to new york to boston in its path. >>> let's make a deal. president obama sitting down with top congressional leader from both parties in just hours. can they agree on something before sending the country over the fiscal cliff? >>> and holy cow. $8 for a gallon of milk? why that utterly ridiculous price could be a very real possibility today, friday, december 28th, 2012. >>> and good morning, everyone. welcome to "today" on a friday morning. i'm savannah guthrie. >> i'm willie geist in this morning. she is full of milk puns this morning. holy cow. utterly. >> what are you, lactose intolerant? >> the trifecta. >> we'll move on to the big story, which is the weather. we're bracing for another big storm before the last one is done. >> it's expected to bring a new round of travel headaches during a holiday travel weekend. how will it impact you in more on that ahead. >>> also, retired general norman schwarzkopf has died at the age of 78. he's being remembered as one of the greatest military figures in u.s. history. more on his remarkable life co
major cities from washington, d.c. to new york to boston in its path. >>> let's make a deal. president obama sitting down with top congressional leader from both parties in just hours. can they agree on something before sending the country over the fiscal cliff? >>> and holy cow. $8 for a gallon of milk? why that utterly ridiculous price could be a very real possibility today, friday, december 28th, 2012. >>> and good morning, everyone. welcome to "today" on...
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Dec 28, 2012
12/12
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WBAL
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the fiscal cliff is big talk in washington. i'm tracey mitchell. all of the details, just ahead. >> a port strike could paralyze the eastern seaboard. i'm kim dacey with details [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> good morning. welcome back to 11 news today. i'm jennifer franciotti. meteorologist ava marie has a quick look at the forecast, which includes snow. >> tomorrow includes snow but today it is quiet. 33 at the airport with winds west at 3 miles an hour. temperatures across the metro area -- 34 in pasadena. 33 in edgewood. highs in the upper 30's to the low 40's. much less win. it makes all the difference. and you will not have to worry about the concerns to to the strong winds yesterday. but the approaching storm could bring accumulating snow. i will have the snow map when we come back. >> the clock is ticking on the fiscal cliff. the deadline just four days away. the president has cut his vacation short and they will meet sunday for a rare session to
the fiscal cliff is big talk in washington. i'm tracey mitchell. all of the details, just ahead. >> a port strike could paralyze the eastern seaboard. i'm kim dacey with details [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> good morning. welcome back to 11 news today. i'm jennifer franciotti. meteorologist ava marie has a quick look at the forecast, which includes snow. >> tomorrow includes snow...
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Dec 28, 2012
12/12
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KTVU
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the president arrived in washington today cutting short his hawaii vacation. he called congressional leaders last night and today house speaker john boehner said the house will convene on sunday leaving less than 48 hours to come up with a deal. >> it's the count down to midnight. the start of a new year. but this year president, the american people are waiting for the ball to drop but it's not going a good drop. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> off the senate floor, mitch mcconnell appears to be more flexible. the senator sent an e-mail suggesting he's negotiating an acceptable deal with the white house. >>> stocks rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the public is going to be. >> why california is going to take an extra hit if we go ov
the president arrived in washington today cutting short his hawaii vacation. he called congressional leaders last night and today house speaker john boehner said the house will convene on sunday leaving less than 48 hours to come up with a deal. >> it's the count down to midnight. the start of a new year. but this year president, the american people are waiting for the ball to drop but it's not going a good drop. >> republicans aren't about to write a blank check for anything senate...
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Dec 28, 2012
12/12
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MSNBCW
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you've heard the line, washington doesn't have a revenue problem, we have a spending problem. i want to play this from senator john thune and get your reaction. >> even if the president got everything he wanted, it generates -- next year alone, so the question is, what do we do for the other 358 days of the year? we have to do something on the spending side of the equation. >> if we look at just the spending -- what cuts would you support? >> the president has put forward and agreed to speaker boehner -- in meeting the republicans more than halfway, he's agreed to a dollar in revenue to a dollar in spending cuts. i mean, hundreds of billions in spending cuts, we voted for a trillion in spending cuts, richard, last summer with no revenue at all when we agreed to the debt ceiling deal that triggered this fiscal cliff fiasco. so we have put hundreds of billions, and we're willing to put more than a trillion in spending cuts. the republicans are still really leaving the middle class twisting in the wind, because they're unwilling to support, particularly the extremi tea partiers i
you've heard the line, washington doesn't have a revenue problem, we have a spending problem. i want to play this from senator john thune and get your reaction. >> even if the president got everything he wanted, it generates -- next year alone, so the question is, what do we do for the other 358 days of the year? we have to do something on the spending side of the equation. >> if we look at just the spending -- what cuts would you support? >> the president has put forward and...
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Dec 28, 2012
12/12
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CNBC
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just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the president, reiterating what he said last week on friday, so the speculation got well ahead of events here, and that sort of lends to an air of disappointment here in washington and up there on wall street. we still don't know what exactly happened in this meeting so we're waiting to find out. >> obviously the fiscal cliff is the crisis du jour, chad, were you saying you would prefer to use dips as opportunities. where do you think we will be 12 months from now? no doubt there will be another crisis that we're talking about in 12 months time. what it is we
just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the...
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Dec 28, 2012
12/12
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WBAL
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these are big-time washington diplomatic security secrets. >> yes. this was such an important secret to keep, no one in the state department knew. the same, i think, except for those with need-to-know in the pentagon and cia and certainly the white house. so i just felt a personal responsibility to keep it close, but that meant that i was basically, you know, having to consult with myself, to be honest. >> keeping this secret also meant going on about the business of presidency, touring that awful storm damage in alabama while knowing at athat very moment u.s. navy s.e.a.l.s were already the on the move halfway around the world. you had to go to tuscaloosa? >> yes. >> you had to go have fun at the correspondents dinner? >> yes. >> seth meyers makes a joke about osama bin laden. >> did you know that every day from 4:00 to 5:00 he hosts a show on c-span? >> how do you keep an even keel, even when we look back on the videotape of that night, there's no real depiction there's something afoot? >> you know, when i go down to tuscaloosa, i'm very much prese
these are big-time washington diplomatic security secrets. >> yes. this was such an important secret to keep, no one in the state department knew. the same, i think, except for those with need-to-know in the pentagon and cia and certainly the white house. so i just felt a personal responsibility to keep it close, but that meant that i was basically, you know, having to consult with myself, to be honest. >> keeping this secret also meant going on about the business of presidency,...
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Dec 28, 2012
12/12
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FOXNEWSW
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denzil washington. i brewed him a couple of timings, great guy. ♪ ♪ [ dylan ] this is one way to keep your underwear clean. this is another! ta-daa! try charmin ultra strong. it cleans so well and you can use up to four times less than the leading value brand. oh! there it is. thanks son. hey! [ female announcer ] charmin ultra strong has a duraclean texture that can help you get clean while still using less. and it's four times stronger versus the leading value brand. charmin ultra strong helps keep you and your underwear clean. we all go. why not enjoy the go with charmin ultra strong? thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% ca
denzil washington. i brewed him a couple of timings, great guy. ♪ ♪ [ dylan ] this is one way to keep your underwear clean. this is another! ta-daa! try charmin ultra strong. it cleans so well and you can use up to four times less than the leading value brand. oh! there it is. thanks son. hey! [ female announcer ] charmin ultra strong has a duraclean texture that can help you get clean while still using less. and it's four times stronger versus the leading value brand. charmin ultra strong...
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Dec 28, 2012
12/12
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WBAL
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in washington, they were much more relaxed about the visit. among documents, there is frustration that the white house is taking weeks and weeks to reply to the queen's invitation to great britain. the british ambassador notes the president's staff is not well-organized and confusion prevails in the white house. the president had his own concerns. how should he dress for riding with the queen? the answer, whatever the president finds most comfortable. he took their advice. relations with britain's other leading lady were famously warm. prime minister thatcher called the president "ron" he addressed her as "margaret." together, they were political soul mates. >> i think they had a quite congenial, personal connection to each other. although what these documents show is that margaret thatcher wasn't always so full of praise for reagan. >> reporter: britain was at war with argentina, trying to hold on to its islands in the south atlantic. >> the united states came down firmly on our side, and we're very grateful we have been such strong allies. >
in washington, they were much more relaxed about the visit. among documents, there is frustration that the white house is taking weeks and weeks to reply to the queen's invitation to great britain. the british ambassador notes the president's staff is not well-organized and confusion prevails in the white house. the president had his own concerns. how should he dress for riding with the queen? the answer, whatever the president finds most comfortable. he took their advice. relations with...
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Dec 28, 2012
12/12
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CNNW
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i hope it leads our leaders in washington to do something substantive regarding gun control and access to mental health care services for those who desperately need it. we'll be right back. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatening. if you have a history of heart or blood vessel pr
i hope it leads our leaders in washington to do something substantive regarding gun control and access to mental health care services for those who desperately need it. we'll be right back. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to...
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Dec 28, 2012
12/12
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MSNBCW
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big numbers get thrown around at times like this in washington. as the legendary everett dirksen once said, a billion here a billion there, pretty soon you're talking real money, about you this debate isn't just about the billions here and there. for average families the payroll tax cut that started two years ago is worth around 1000 as year. those families tend to spend that cash because they need it now. republicans say this is one tax cut they hate and the last time it was going to expire, the white house launched a whole campaign about $40 a paycheck. they asked families to send in their stories about what $40 meant to them. well, you know something? $40 a still a lot of cash for the families hit hardest by the great recession. for the wealthy people sitting around the negotiating table in d.c., $40 is just another steak dinner for one. but for many people who voted them into office, it's the cost of groceries for a week of family dinners. let's not forget, they are the ones who still need an economic stimulus, not the families earning more th
big numbers get thrown around at times like this in washington. as the legendary everett dirksen once said, a billion here a billion there, pretty soon you're talking real money, about you this debate isn't just about the billions here and there. for average families the payroll tax cut that started two years ago is worth around 1000 as year. those families tend to spend that cash because they need it now. republicans say this is one tax cut they hate and the last time it was going to expire,...
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840
Dec 28, 2012
12/12
by
KGO
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eye 840
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saturday is the day that all the major cities in the northeast from washington to boston will be affected. most likely a couple of inches of snow. because i don't think the storm will really explode until it is well off the coast. but if it intensifies more quickly, those amounts could be higher. we have to watch that very carefully. >> we know you'll be watching it. harvey leonard in boston tonight. thank you. >>> we're going to turn to the other part of the country cleaning up after that massive system. nearly three dozen reported twisters and now the aftermath. and a new portrait tonight of what it was like when those tornadoes barreled through. here's abc's matt gutman now. >> reporter: this surveillance video from a walgreens here in mobile showing the very gut of a tornado. the wind first blasts around debris. the lightning flashes, blinding. then the darkening funnel, dense with debris, begins sucking in cars, lifting them up, slamming them down. inside, this man in uniform, poking his head outside. a man wheeling his cart towards the door, then the sprint to safety. miraculously,
saturday is the day that all the major cities in the northeast from washington to boston will be affected. most likely a couple of inches of snow. because i don't think the storm will really explode until it is well off the coast. but if it intensifies more quickly, those amounts could be higher. we have to watch that very carefully. >> we know you'll be watching it. harvey leonard in boston tonight. thank you. >>> we're going to turn to the other part of the country cleaning up...
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Dec 28, 2012
12/12
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CNNW
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can washington save us with just five days to go? >>> plus, a proposal to give guns to school principals is gaining support. we're "outfront" with an arizona sheriff who's backing that plan. >>> and the 2012 election was all about viral videos, tonight we're counting down our favorite political video of the year. let's go "outfront." >>> i'm john avalon in for erin burnett. "outfront" tonight, a stark warning from capitol hill. senate majority leader harry reid says we're all headed for fiscal disaster. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left before the first of the year, aren't here. >> we're now told the house will finally return to work on sunday. now, that's december 30th. in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania
can washington save us with just five days to go? >>> plus, a proposal to give guns to school principals is gaining support. we're "outfront" with an arizona sheriff who's backing that plan. >>> and the 2012 election was all about viral videos, tonight we're counting down our favorite political video of the year. let's go "outfront." >>> i'm john avalon in for erin burnett. "outfront" tonight, a stark warning from capitol hill. senate...
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>> look, mandy, this is dysfunction palooza in washington. i've been talking about this since november. they can't get a deal done. they won't get a deal done. the market has been way too complacent. wall street, you were wrong. you were wrong. they are not going to get this deal done. the market is going to sell off chase to start 20 thrown. big >> it will continue to sell off. look, guys. here's the thing though. 25% right now of gdp is government spending. historically that's 20%. if there are going to be the spending cuts, that what we want to hear, john boehner. he's the adult in the room right now, guys and is looking like the bad guy because we have to stop the spending cuts. hitting the ceiling on the debt ceiling by monday. $16.3 trillion. you can't put a band-aid on this and suspect everything is going to be great and have howie mandel say deal or no deal. not good for the overall markets or economy. >> it's clear that revenue is not on the table. >> what do you do, run for the s? panic is not an investment strategy. give us some go
>> look, mandy, this is dysfunction palooza in washington. i've been talking about this since november. they can't get a deal done. they won't get a deal done. the market has been way too complacent. wall street, you were wrong. you were wrong. they are not going to get this deal done. the market is going to sell off chase to start 20 thrown. big >> it will continue to sell off. look, guys. here's the thing though. 25% right now of gdp is government spending. historically that's...
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thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. this is how mommy learned... ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> breaking news now. the associated press reporting that retired general norman schwarzkopf one of the heroes of the first gulf war has died in tampa, florida. he w
thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i...
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gabby giffords even returned to washington from rehab from her almost fatal gunshot wound just to vote for the bill. and while the experience left everyone bitter, they promised to work extra hard, as they said, to get our fiscal house in order. if only because the law they just passed made it crazy not to. well, call them crazy. no progress before the election campaign began. no progress during the campaign. then more recently, house speaker john boehner and president obama each made important concessions. the president on entitlement spending. speaker boehner on upper income tax rates. speaker boehner, though, could not get conservative republicans to go along and seemed at a loss on what to do next. >> we ned economic growth. many of us believe on both sides of the aisle on the fundamental reform of the tax code will help us get our economy moving faster and put more americans back to work. and more americans on the tax rolls. how we get there, god only knows. >> president obama, meantime, seemed to lose patience. no sign he's eager to go off the cliff, but he's also not ready, eith
gabby giffords even returned to washington from rehab from her almost fatal gunshot wound just to vote for the bill. and while the experience left everyone bitter, they promised to work extra hard, as they said, to get our fiscal house in order. if only because the law they just passed made it crazy not to. well, call them crazy. no progress before the election campaign began. no progress during the campaign. then more recently, house speaker john boehner and president obama each made important...
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chief congressional correspondent for the "washington examiner". we're seeing dianne feinstein there on the senate floor. it is vacant on the house side. so in truth how much is really going to get done? >> well, gregg, a lot of this negotiations are really taking place between the leadership levels right now. we don't really have to worry about what is happening on the house floor. it's about what is going on at the white house. now, the president today is going to meet with congressional leaders from both parties, both chambers. they will sit down. they will talk about a potential deal. the president might offer something that maybe the republicans could go for. it wouldn't be a sweeping deal. gregg: like what? >> might be something smaller. well, it would be something that could potentially avoid the major tax hikes coming in january. that is the most politically treacherous for these members. they need to find a way to stop taxes going up for everybody. if there is a deal it will probably focus on the range of taxes that are coming. gregg: susa
chief congressional correspondent for the "washington examiner". we're seeing dianne feinstein there on the senate floor. it is vacant on the house side. so in truth how much is really going to get done? >> well, gregg, a lot of this negotiations are really taking place between the leadership levels right now. we don't really have to worry about what is happening on the house floor. it's about what is going on at the white house. now, the president today is going to meet with...
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. >> reporter: well, it is washington. and it is a lot at stake. it is about people's taxes, and, you know, the social safety net in america. it is the difference between democrats and republicans. >> yeah. we're going to talk more about the money now. thank you, jessica yellin. appreciate it. to new york now, joining us rick neuman, chief business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates rise, when would workers begin to see that reflekr reflected in their paychecks? when does the pain start? >> this is not one tax hike. this is about nine different sets of taxes. and the one that would go up right away is the payroll tax. that was cut temporarily in 2 009, cut by two percentage points and will go back up by two percentage points and that would come out of workers' paychecks right off the bat. it would add up to something like $60, $70 a month for the typical worker. we hear about all the tax rates that are going up, that actually wouldn't involve money that is in peop
. >> reporter: well, it is washington. and it is a lot at stake. it is about people's taxes, and, you know, the social safety net in america. it is the difference between democrats and republicans. >> yeah. we're going to talk more about the money now. thank you, jessica yellin. appreciate it. to new york now, joining us rick neuman, chief business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates...
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smith goes to washington." >> is that the craziest thing, that the people would vote against boehner for speaker would vote pelosi into the speakership. >> they wouldn't have to vote for pelosi. they could vote for newt gingrich -- >> but pelosi would get the most votes. >> you need to get 218. they would need to find a nominee who had 218. i don't think boehner would ever lose, but i think it would be a big symbol, a very big kind of vote of dissatisfaction among his republicans. >> chris, you know what we don't need right now is another symbol. how about complete symbol. thank you. wait until you see the headlines the next couple days, but the grown-ups who write front pages are going to go these guys are nuts. thank you, chris, up on the hill and, josh, for enlightening us for the purposes of the viewer. >>> coming up, the man in the middle of the republican circus, john boehner. let's figure out this guy. what is his story? he's the leader of the party that doesn't want to be led by him or anybody. they don't even -- well, it's not even actually a political party. it's a faction
smith goes to washington." >> is that the craziest thing, that the people would vote against boehner for speaker would vote pelosi into the speakership. >> they wouldn't have to vote for pelosi. they could vote for newt gingrich -- >> but pelosi would get the most votes. >> you need to get 218. they would need to find a nominee who had 218. i don't think boehner would ever lose, but i think it would be a big symbol, a very big kind of vote of dissatisfaction among...
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that will be it. 36 now in washington. 32 leonardtown. it's cold out there. seasonal temperatures. 30 gaithersburg. 28 in culpeper and 30 fredericksburg. cold to start the day. partly sunny afternoon. still a lot of clouds around. look at all the clouds to our west. and the makings of our next system starting to break out here into western tennessee, and really blossoming in the last couple of hours. this will be moving up through the tennessee valley and across the mid-atlantic and towards new england over the next 24 to 36 hours. it's a bit of a complicated system. two systems, one to the west and one developing to our south and east. how quickly the energy transfers will determine how much snow versus how much rain we might get around here. it's why we're not quite sure where it line will set up for tomorrow. winter weather advisories posted in northern maryland, east and west virginia. it's where the weather service is most confident we'll get accumulating snows. you'll probably see 2, 3 inches of snow towards the pennsylvania border. closer to washington
that will be it. 36 now in washington. 32 leonardtown. it's cold out there. seasonal temperatures. 30 gaithersburg. 28 in culpeper and 30 fredericksburg. cold to start the day. partly sunny afternoon. still a lot of clouds around. look at all the clouds to our west. and the makings of our next system starting to break out here into western tennessee, and really blossoming in the last couple of hours. this will be moving up through the tennessee valley and across the mid-atlantic and towards new...
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rushing back to washington where storm clouds are gathering over the capital. the top democrat in the senate, accusing the republican speaker of the house of running a dictatorship. they say they haven't given up, but it sounds that way. >> i don't know time wise how it can happen now. >> here we are, once again, at the end of the year, staring at a crisis we should have dealt with literally months ago. >> reporter: without an agreement soon, nearly everybody takes a hit. a schoolteacher with two kids and a salary of $43,000, for example, will face a tax hike of more than $3,000. members of congress helped get us in this mess and they'll pay, too. with incomes of $174,000, they'll pay some $7,500 more in taxes. and it's not just taxes. on january 1, unemployment benefits expire for some 2 million people. you can expect one last effort, including a meeting at the white house with congressional leaders to try to prevent the fiscal cliff from happening. but with just four days left until everybody's taxes go up, there's not a lot of optimism that it can be cone in
rushing back to washington where storm clouds are gathering over the capital. the top democrat in the senate, accusing the republican speaker of the house of running a dictatorship. they say they haven't given up, but it sounds that way. >> i don't know time wise how it can happen now. >> here we are, once again, at the end of the year, staring at a crisis we should have dealt with literally months ago. >> reporter: without an agreement soon, nearly everybody takes a hit. a...
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a high-stakes meeting will be in washington this afternoon. president obama and top congressional leaders are looking for common ground to keep automatic spending cuts and tax increases from kicking them. hidden payne has the story. >> reaching a bill will not be easy because both sides are in a blaming game carry it >>. >> i told the president that we will look at whatever he proposes but the truth is is that we're coming up against a hard deadline. as i stated before this is a conversation that we should have had a month ago. >> democrats want to extend the bush era tax cuts. many republicans are against any tax increases. most americans just want something to be done. >> if people are just tired of partisanship. we just want everyone to come together. >> if lawmakers do not come together then this may lead to recession. i am and \ / \ \ / ed payne reporting. >> we will be right back. [ male announcer ] if you're ready to get more from your tv service, now's a great time to get at&t u-verse tv. make the switch. [ female announcer ] call now
a high-stakes meeting will be in washington this afternoon. president obama and top congressional leaders are looking for common ground to keep automatic spending cuts and tax increases from kicking them. hidden payne has the story. >> reaching a bill will not be easy because both sides are in a blaming game carry it >>. >> i told the president that we will look at whatever he proposes but the truth is is that we're coming up against a hard deadline. as i stated before this is...
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>> i hope so, because i'm heading to washington tomorrow. but we're going to bring you another story. you're going to want to see this. a daycare burglary that turns into child's play. oh, moon, this boils my blood. the christmas day thieves whose clowning around was all caught on tape. >> unbelievable. yeah, that was one of them riding a little kid's tricycle. >>> later on, britney spears is back. she may be saying goodbye to a $15 million reality tv paycheck. and why this may not be her only personal drama this morning. we have details coming up in "the skinny" and she's part of half of "the skinny" today. britney spears has a lot going on. >> making headlines. >>> first, though, the nation is remembering a war hero this morning. general norman schwartzcopf died yesterday after battling pneumonia. >> president obama called the retired general an american original who stood tall for his country and had a love for the army that he led. answer's chuck seaverson looks back at this military legend. >> reporter: in 1990, norman schwartzcopf was
>> i hope so, because i'm heading to washington tomorrow. but we're going to bring you another story. you're going to want to see this. a daycare burglary that turns into child's play. oh, moon, this boils my blood. the christmas day thieves whose clowning around was all caught on tape. >> unbelievable. yeah, that was one of them riding a little kid's tricycle. >>> later on, britney spears is back. she may be saying goodbye to a $15 million reality tv paycheck. and why this...
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doug luzader is keeping an eye on that from washington. this is a website, doug, visited by a lot of powerful people. >> reporter: jon, good morning that may have been the motivation behind this attack. according to the washington beacon, computer specialists think that chinese hackers may have been behind this if you go to the website itself, everything works just fine. that is apparently the nature of this kind of attack where hackers are just out to glean information. the council did send fox news a statement about the situation saying that the council on foreign relations website security team is aware of the issue and is currently investigating the situation. we're also working to mitigate the possibility for future events of this sort. now, again according to the free beacon the fbi is aware of what happened and they're looking into it but some of these attackers are notoriously difficult to track down. in fact, just a few days ago the secretary of homeland security, janet napolitano, walked, excuse me, talked about major security th
doug luzader is keeping an eye on that from washington. this is a website, doug, visited by a lot of powerful people. >> reporter: jon, good morning that may have been the motivation behind this attack. according to the washington beacon, computer specialists think that chinese hackers may have been behind this if you go to the website itself, everything works just fine. that is apparently the nature of this kind of attack where hackers are just out to glean information. the council did...
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a lot of washington circus going on. we, you know, i think it's pretty reasonable to assume that no politician, no libertarian would ever want the u.s. to default on its debt. so by march we should have a solution to that. then what we are is we're back in an environment of a slow, recovering economy. >> right. >> europe having ring fenced their problems. not solved them. but ring fenced them. and we're seeing the actions of the banks making their changes. it apyrpears to us we're at the early stage of a capital markets recovery as you start seeing the solutions work their way through. >> right. >> in to 2014 retailer investor begin to move into equities and out of fixed income. >> we can only hope. >> yeah. so let me ask you with that. do you go with those where margins are highest like a goldman? do you go where the geographic reach is broadest like a city? your favorite picks are goldman, some of the big center maxim right? >> citi certainly has an advantage in its position internationally as asia picks up citi is goi
a lot of washington circus going on. we, you know, i think it's pretty reasonable to assume that no politician, no libertarian would ever want the u.s. to default on its debt. so by march we should have a solution to that. then what we are is we're back in an environment of a slow, recovering economy. >> right. >> europe having ring fenced their problems. not solved them. but ring fenced them. and we're seeing the actions of the banks making their changes. it apyrpears to us we're...